early 14c., "utensil for bailing out" (n.), also (v.) "to bail out;" from Middle Dutch schope "bucket for bailing water," from West Germanic *skopo (cf. Middle Low German schope "ladle"), from Proto-Germanic *skop-, from PIE *(s)kep- "to cut, to scrape, to hack." Also from Low German scheppen (v.) "to draw water," from Proto-Germanic *skuppon, from PIE root *skub- (cf. Old English sceofl "shovel," Old Saxon skufla; see shove). The journalistic sense of "news published before a rival" is first recorded 1874, American English, from earlier commercial slang sense of "appropriate so as to exclude competitors" (c.1850).